FORM 10-KSB
               SECURITIES AND EXCHANGE COMMISSION
                      Washington, DC 20549

[x]  Annual report pursuant to Section 13 or 15(d) of the
     Securities Exchange Act Of 1934 For the fiscal year ended
     February 28, 1997
                               or

[ ]  Transition report pursuant to Section 13 or 15(d) of the
     Securities Exchange Act of 1934 [no fee required]
     For the transition period from ____________ to ____________.

Commission File Number 1-10655

               ENVIRONMENTAL TECTONICS CORPORATION
      (Exact name of small business issuer in its charter)

          Pennsylvania                            23-1714256
(State or other jurisdiction of                (I.R.S. Employer
incorporation or organization)                Identification No.)

       County Line Industrial Park
        Southampton, Pennsylvania                     18966
(Address of principal executive offices)           (Zip Code)

Issuer's telephone number, including area code (215) 355-9100

Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:

             Common Stock, par value $.10 per share
                        (Title of Class)

Check whether the issuer (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the past 12 months (or for such shorter period that
the registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days.
                    Yes  x      No ___  

Check if there is no disclosure of delinquent filers in response
to Item 405 of Regulation S-B is not contained herein, and will
not be contained, to the best of registrant's knowledge, in
definitive proxy or information statements incorporated by
reference in Part III of this Form 10-KSB or any amendment to
this Form 10-KSB.[x]

As of May 23, 1997, the aggregate market value of the
Registrant's common stock held by non-affiliates of the
Registrant was approximately $13,027,378.

As of May 23, 1997, there were 2,971,101 shares of Registrant's
common stock, $0.10 par value per share, issued and outstanding.

DOCUMENTS INCORPORATED BY REFERENCE.  Portions of Registrant's
1997 Annual Report to Stockholders are incorporated by reference
in Part II, Items 5, 6, 7, and 8.

Transitional Small Business Disclosure Format:  Yes ___   No  x <PAGE>
                             PART I


Item 1. Description of Business

(a)  Business Development 

     The Company, a Pennsylvania corporation, incorporated in
1969, is principally engaged in the manufacture and sale of
products used in controlling, modifying, simulating and measuring
environmental factors such as temperature, humidity, pressure,
and vacuum.  These products include aircrew training systems,
sterilizers, environmental and other products which involve
similar manufacturing techniques and engineering technologies.

     Since February 23, 1996, there has been no material change
in the Company's mode of conducting business.

(b)  Business of the Company

     Principal Products  

     Aircrew Training Systems.  The Company's aircrew training
devices are used for medical research, advanced flight training,
and for the indoctrination and testing of military and commercial
pilots.  The major devices sold in this product area are
commercial flight simulators, high altitude decompression
chambers, hyperbaric (high-pressurized oxygen) chambers, night
vision trainers, water survival training equipment,
disorientation training equipment, human centrifuges, and
ejection seat trainers.  The Company provides operation and
maintenance services for installed equipment it manufactures as
well as equipment produced by others.

     The aircrew training system class of products represented
61% and 52% of consolidated revenues of the Company for the years
ended February 28, 1997 and February 23, 1996, respectively.

     Sterilizers.  The Company manufactures steam and gas
sterilizers.  Steam sterilizers are used for hospital, medical
research laboratory, and industrial purposes.  Gas sterilizers
are used for the sterilization of packaged products such as food,
spices, pharmaceutical, and disposable and reusable medical
devices.  The Company's sterilizers range in price from
approximately $25,000 to over $1,000,000, and in chamber size
from three cubic feet to over 4,000 cubic feet, although the
Company concentrates on marketing the larger custom-designed
sterilizers to the pharmaceutical and medical device industries.

     The sterilizer class of products represented 28% and 31% of
consolidated revenues of the Company for the years ended
February 28, 1997 and February 23, 1996, respectively.

     Environmental Systems and Other Products.  The Company's
environmental systems business consists of the design and
fabrication of sampling and analysis systems, and test equipment
and systems used in measuring, monitoring and testing air
pollution.  The Company also designs and manufactures
environmental simulation systems to meet specific needs of its
customers.  The simulation systems generally consist of an
enclosed chamber with instrumentation and equipment which enable
the customer to control and modify such environmental factors as
temperature, pressure, humidity, wind velocity and gas content to
produce desired conditions.  These products include controlled
air systems for automotive companies and environmental chambers.

     The Company also provides repair and maintenance service for
its own and other manufacturers' equipment.

     Sales of these products were 11% and 17% of consolidated
revenues of the Company for the years ended February 28, 1997 and
February 23, 1997, respectively.

     Marketing

     The Company currently markets its products and services
primarily through its officers and employees.  At February 28,
1997, approximately 16 employees were committed to sales and
marketing functions.  The Company uses branch offices in the
United Kingdom, the Middle East, and Asia as well as the services
of approximately 100 independent sales organizations in seeking
foreign orders for its products.

     Product Development

     New products and improvements in existing products are being
continually developed in response to inquiries from customers and
to management's determination that particular products should be
produced or significantly improved.  Although the Company does
not have a separate research and development group, significant
efforts are expended in developing new applications of existing
technologies.

     The Company is currently focusing its product development
efforts in the aircrew training systems segment, with a
particular emphasis on enhancing the related control systems and
software, and exploring commercial possibilities.  The Company
recently completed a Firefighting Command and Control System and
Trainer for a certain foreign governmental agency.  The control
system is a real-time interactive training program that provides
instructor-selective, computer-generated image scenarios that
train and test a firefighter's ability to fight various types of
aircraft fires.  The trainer simulates fires in aircraft and
structures that must be physically fought and controlled by a
team of firefighters.  The Company believes that this development
will provide it with the potential for establishing a new
standardized product for commercial as well as governmental use. 
Additionally, the Company believes this area will expand to
training systems for other disaster situations.

     The Company incurred research and development costs of
approximately $167,000 and $154,000 for the years ended
February 28, 1997 and February 23, 1996, respectively.

     Supplies

     The components being used in the assembly of systems and the
parts used to manufacture the Company's products are purchased
from equipment manufacturers, electronics supply firms and
others.  To date, the Company has had no difficulty in obtaining
supplies.  Further, all raw materials, parts, components, and
other supplies used by the Company in the manufacture of its
products can be obtained at competitive prices from alternate
sources should existing sources of supply become unavailable.

     Patents and Trademarks

     The Company has no patents or trademarks which it considers
significant to its operations, except a patent on the GYROLAB
Spatial Disorientation Trainer which expires in December 2004.

     Customers

     In the current year and recent past, it has been the
Company's experience that a substantial portion of sales are made
to a small number of customers that vary within any given year. 
The Company's business does not depend upon repeat orders from
these same customers.  Sales of aircrew training systems are made
principally to U.S. and foreign governmental agencies.  Sales of
sterilizers and environmental systems are made to commercial and
governmental entities worldwide.

     In fiscal 1997, the Company's major customers included the
United Kingdom, Japan and the U.S. Government, which accounted
for $3,826,000, $2,527,000 and $2,082,000 of the Company's sales,
respectively.  These governmental entities do not have any
relationship with the Company other than as customers.

     Foreign and Domestic Operations and Export Sales

     During the years ended February 28, 1997 and February 23,
1996, approximately $2,082,000 (10%) and $1,631,000 (10%),
respectively, of the Company's net revenues were attributable to
contracts with agencies of the U.S. Government or with other
customers who had prime contracts with agencies of the federal
government.

     During the years ended February 28, 1997 and February 23, 
1996, approximately $15,422,000 (70%) and $9,198,000 (59%),
respectively, of the Company's net revenues were attributable to
export sales or sales for export.  (See Note 10 to the Company's
consolidated financial statements incorporated herein by
reference to the Annual Report.)  On export sales, customers'
obligations to the Company may be secured by irrevocable letters
of credit.

     The Company does not believe that the distribution of its
sales for any particular period is necessarily indicative of the
distribution expected for any other period.

     A large portion of the Company's sales are under long-term
contracts requiring more than one year to complete.  The Company
accounts for sales under long-term contracts on the percentage of
completion basis.  See Notes 1 and 3 to consolidated financial
statements.

     The Company's U.S. Government contracts contain standard
terms permitting termination for the convenience of the
Government.  In the event of termination of such contracts, the
Company is entitled to receive reimbursement on the basis of work
completed (cost incurred plus a reasonable profit), recording the
amounts anticipated to be recovered from termination claims in
income as soon as those amounts can be reasonably determined
rather than at the time of final settlement.  All costs
applicable to a termination claim are charged as an offsetting
expense concurrently with the recognition of income from the
claim.

     Backlog

     The Company's sales backlog at February 28, 1997 and
February 23, 1996 for work to be performed and revenue to be
recognized under written agreements after such dates was
approximately $25,800,000 and $20,900,000, respectively.  In
addition, the Company's training and maintenance contracts
backlog at February 28, 1997 and February 23, 1996 for work to be
performed and revenue to be recognized after that date under
written agreements was approximately $5,100,000 and $2,100,000,
respectively.  Of the 1997 backlog, approximately $21,900,000 is
under contracts for aircrew training systems and maintenance
support principally for U.S. (approximately $300,000) and foreign
governments (approximately $19,000,000).  The U.S. Government
contracts are subject to termination at the convenience of the
Government with equitable cancellation cost recovery. 
Approximately 80% of the 1997 backlog is expected to be completed
prior to February 27, 1998.

     Competition

     The Company's business strategy in recent years has been to
seek niche markets in which there are not numerous competitors. 
However, in some areas of its business the Company competes with
well-established firms, some of which have substantially greater
financial and personnel resources.

     Some competitor firms have technical expertise and
production capabilities in one or more of the areas involved in
the design and production of physiological flight training
equipment, environmental systems, and other specially designed
products, and compete with the Company for this business.  The
competition for any particular project generally is determined by
the technological requirements of the project, with consideration
also being given to a bidder's reliability, product performance,
past performance, and price.

     The Company faces particularly intense competition from a
number of firms in the sale of hospital sterilizers but faces
less competition in the sale of the larger custom-designed
industrial sterilizers.

     The Company believes that it is a significant participant in
the markets in which it competes, especially in aircrew training
systems in which the Company believes it is a principal provider
of this type of equipment and training in its market area.

     Compliance with Environmental Laws

     The Company has not incurred during fiscal 1997 nor does it
anticipate incurring during fiscal 1998 any material capital
expenditures to maintain compliance with Federal, state and local
statutes, rules and regulations concerning the discharge of
materials into the environment, nor does the Company anticipate
that compliance with these provisions will have a material
adverse effect on its earnings or competitive position.

     Employees

     On February 28, 1997, the Company had 189 full-time
employees, of whom 7 were employed in executive positions, 31
were engineers, engineering designers, or draftpeople, 67 were
administrative (sales, accounting, etc.) and clerical personnel,
and 84 were engaged principally in production and operations.

Item 2. Description of Property

     The Company owns its executive offices and principal
production facilities located on a 5-acre site in the County Line
Industrial Park, Southampton, Pennsylvania in an approximately
70,000 square foot steel and masonry building.  Approximately
55,000 square feet are devoted to manufacturing, and
15,000 square feet to office space.  The original building was
erected in 1969 and additions were made in 1973, 1976, 1985 and
1991.  This property collateralizes the Company's revolving
credit facility.

     The Company considers its machinery and plant to be in
satisfactory operating condition and adequate for the Company's
present level of business.  Increases in the level of operations
beyond that expected in the current fiscal year might require the
Company to obtain additional facilities and equipment.

Item 3. Legal Proceedings

     In October 1993, the Company was notified by the Royal Thai
Air Force (the "RTAF") that the RTAF was terminating a certain
$4.6 million simulator contract with the Company.  Although the
Company had performed in excess of 90% of the contract, the RTAF
alleged a failure to completely perform.  In connection with this
termination, the RTAF made a call on a $229,000 performance bond,
as well as a draw on approximately $1.1 million of advance
payment letters of credit.  On October 1, 1996, the Thai Trade
Arbitration Counsel rendered a decision in favor of the Company
pursuant to which the contract was reinstated in full and the
Company was given a period of nine months to complete the
remainder of the work.  Upon completion of the contract, the RTAF
will pay the Company the open receivables balance, consisting of
the performance bond and the advance payment, plus the 10% due on
the balance of the contract.  Based on the progress to date and
recent discussions with the RTAF, the Company estimates it will
probably exceed the nine month contract completion period due to
an extended delay in obtaining an export license for certain
hardware required to complete the project.  This license has now
been received and the hardware has been obtained.  The Company
has submitted a request for a contract extension under the "force
majeure" clause of the RTAF contract, and the RTAF has agreed to
an extension to complete the installation and training.  If the
Company experiences additional delays that are not approved by
the RTAF, the RTAF could invoke penalties against the Company,
including termination of the contract and delay penalties.

     A lawsuit was commenced against the Company in April 1997 in
the United States District Court for the District of Puerto Rico
by an employee of a customer who claims to have been injured as a
result of an alleged malfunction of a sterilizer manufactured by
the Company.  The plaintiff is seeking $3 million in damages. 
Based on the available information, the Company believes that it
possesses meritorious defenses to such action.  The Company has
up to $10 million of products liability coverage, subject to a
$100,000 deductible.   The Company has notified its insurer of
the lawsuit, and the Company's insurer has engaged counsel to
defend the Company in this matter.

     Certain other claims, suits and complaints arising in the
ordinary course of business have been filed or are pending
against the Company.  In the opinion of management, all such
matters are reserved for or are adequately covered by insurance
or, if not so covered, are without merit or are of such kind, or
involve such amounts as would not have a significant effect on
the financial position of the Company if disposed of unfavorably.

Item 4. Submission of Matters to a Vote of Security Holders

     None.
<PAGE>
                             PART II

Item 5.   Market for the Registrant's Common Stock and Related
          Security Holder Matters

     See information appearing under the heading "Market for the
Registrant's Common Stock and Related Stockholder Matters" in the
Annual Report, attached hereto as Exhibit 13 and incorporated
herein by reference.

Item 6.   Management's Discussion and Analysis of Financial
          Condition and Results of Operations

     See information appearing under the heading "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" in the Annual Report, attached hereto as Exhibit 13
and incorporated herein by reference. 

Item 7.   Financial Statements

     See the information appearing under the headings
"Consolidated Financial Statements" and "Notes to Consolidated
Financial Statements" in the Annual Report, attached hereto as
Exhibit 13 and incorporated herein by reference.  

Item 8.   Changes in and Disagreements with Accountants on
          Accounting and Financial Disclosure

     Not applicable.

<PAGE>
                            PART III

Item 9.   Directors and Executive Officers of the Registrant;
          Compliance with Section 16(a) of the Exchange Act

     The following table sets forth certain information with
respect to the directors of the Registrant:

                                 Served
                                   as       Principal Occupations
                                Director    and Positions and
                                or Officer  Offices with the 
Name                        Age  Since(1)        Company
------------                ---  --------   --------------------
William F. Mitchell(2)      55     1969     Chairman of the
                                            Board, President and
                                            Director

Richard E. McAdams(3)       61     1985     Executive Vice        
                                            President 
                                            and Director

Philip L. Wagner, Ph.D.(4)  60     1993     Director

Pete L. Stephens, M.D.(5)   59     1974     Director

Michael A. Mulshine(6)      57     1994     Director

Duane D. Deaner(7)          49     1996     Chief Financial       
                                            Officer
_________________________________________________________________
(1)  Directors serve one-year terms.

(2)  Mr. Mitchell has been Chairman of the Board, President and
     Chief Executive Officer of the Company since 1969, except
     for the period from January 24, 1986 through January 24,
     1987, when he was engaged principally in soliciting sales
     for the Company's products in the overseas markets.

(3)  Mr. McAdams has been with the Company since 1970.  He became
     a Vice President in 1978 with responsibility for contract
     administration.  Mr. McAdams became Executive Vice President
     of the Company in 1990.

(4)  Dr. Wagner is an organic chemist with over 30 years of
     diversified experience managing research and development and
     new business development at E.I. du Pont de Nemours &
     Company and thereafter founded Chadds Ford Technologies,
     Inc., a consulting firm.  He is currently President of
     Chadds Ford Technologies, Inc.

(5)  Dr. Stephens has been a physician engaged in the private
     practice of medicine for 30 years.

(6)  Mr. Mulshine has served as a Director of VASCO Corporation,
     a public company in the computer data security business,
     since 1991.  He has been President of Osprey Partners, a
     management consulting firm, since 1977.  He is Chairman of
     the Board of Dynex Sport Optics, Inc., an exclusive licensee
     of Wilson Sporting Goods Company, and has been a Director
     and Secretary of Scangraphics, Inc., a public company, since
     1985.  Mr. Mulshine is an instrument-rated pilot who served
     as General Manager of a flight simulator company and was
     involved in simulation and modeling in his early career.  He
     received a Bachelor of Science degree in Electrical
     Engineering in 1961 from Newark College of Engineering.

(7)  Mr. Deaner has served as Chief Financial Officer of the
     Company since January 1996.  Mr. Deaner served as Vice
     President of Finance for Pennfield Precision Incorporated
     from September 1988 to December 1995.

     Committees of the Board of Directors

     During the year ended February 28, 1997, the Company had an
Audit Committee consisting of three independent outside
directors:  Messrs. Michael A. Mulshine, Philip L. Wagner and
Dr. Pete L. Stephens.  These three independent outside directors
also served on the Company's Compensation Committee during the
year ended February 28, 1997.  The Audit Committee is charged
with reviewing and overseeing the Company's financial systems and
internal control procedures and conferring with the Company's
independent accountants with respect thereto.  The Compensation
Committee is charged with reviewing the compensation of officers
and key personnel.

     During the year ended February 28, 1997, the Board of
Directors held 6 meetings and the Audit Committee and
Compensation Committee each held 1 meeting.  All members of the
Board attended all of the meetings of the Board held while they
were members of the Board.  All members of the Audit Committee
and Compensation Committee attended all meetings of the Committee
held while they were members thereof.

     Compliance With Section 16(a) of the Exchange Act

     Section 16(a) of the Securities Exchange Act of 1934
requires the Company's officers and directors, and persons who
own more than ten percent of a registered class of the Company's
equity securities to file reports of ownership and changes in
ownership with the Securities and Exchange Commission ("SEC") and
the American Stock Exchange.  Officers, directors and greater
than ten percent shareholders are required by SEC regulation to
furnish the Company with copies of all Section 16(a) Forms they
file.  The rules of the SEC regarding the filing of such
statement require that "late filings" of such statements be
disclosed in the Company's proxy statement.

     Based solely on its review of the copies of such forms
received by it, or written representations from certain reporting
persons that no Forms 5 were required for those persons, the
Company believes that, during the fiscal year ended February 28,
1997, its officers, directors and greater than ten percent
beneficial owners complied with all applicable filing
requirements.

Item 10.  Executive Compensation

     REMUNERATION OF DIRECTORS AND OFFICERS

     The following table sets forth compensation paid by the
Company to the Chief Executive Officer for services rendered
during fiscal years 1997, 1996 and 1995.  There are no other
executive officers whose total annual salary and bonus exceeds
$100,000.  The footnotes to the table provide additional
information concerning the Company's compensation and benefit
programs.

                   SUMMARY COMPENSATION TABLE

                       Annual Compensation
           -----------------------------------------
                                          Other
Name and                                  Annual     All Other
Principal  Fiscal                         Compen-     Compen-
Position    Year   Salary($)  Bonus($)  sation($)(1) sation($)(2)
---------  ------  ---------  --------  ------------ ------------
William F.  1997    $113,780  $   -        $   -        $2,731
 Mitchell,  1996     119,531      -            -         2,473
President   1995     131,568      -            -         1,154
and Chief  
Executive
Officer

(1)  The Company's executive officers receive certain
     perquisites.  For fiscal years 1997, 1996 and 1995, the
     perquisites received by Mr. Mitchell did not exceed the
     lesser of $50,000 or 10% of his salary and bonus.

(2)  These amounts represent the Company's contribution to the
     Retirement Savings Plan.

     Directors of the Company who are not officers of the Company
     are paid $600 for Board of Directors meetings which they
     attend.  Additional compensation is not paid for committee
     meetings.


Item 11.  Security Ownership of Certain Beneficial Owners and
          Management

     The following table sets forth as of May 23, 1997, the
number of shares and percentage of the Company's Common Stock
owned beneficially by each director, each executive officer named
in the Summary Compensation Table, and each person holding, to
the Company's knowledge, more than 5%  of the outstanding Common
Stock.  The table also sets forth the holdings of all directors
and executive officers as a group.


                                        Amount and
                                        Nature of      Percent
                                        Beneficial       of
Name and Address of Beneficial Owner    Ownership       Class    
------------------------------------    ----------     -------

William F. Mitchell (1)                   943,949        31.8%
c/o Environmental Tectonics
  Corporation
County Line Industrial Park
Southampton, PA  18966

Pete L. Stephens, M.D. (2)                317,275(3)     10.7%
1 Eleni Lane
West Chester, PA  19382

Richard E. McAdams (4)                     27,526(5)       *     
c/o Environmental Tectonics
  Corporation
County Line Industrial Park
Southampton, PA  18966

Michael A. Mulshine (6)                         0          *  
Osprey Partners
2517 Route 35
Manasquan, NJ  08736

Philip L. Wagner, Ph.D. (7)                 6,000(8)       *  
Chadds Ford Technologies, Inc.
P.O. Box 377
Chadds Ford, PA  19317

All directors and executive
  officers as a group (6 persons)       1,295,875(9)     43.5%    

* less than 1%
--------------------
(1)  Chairman of the Board, President and Director of the
     Corporation.

(2)  Director of the Corporation.

(3)  Includes 8,975 shares held by or for the benefit of
     Dr. Stephens' wife and two of his children.

(4)  Director of the Corporation.

(5)  Includes options to purchase 8,000 shares held under the
     Company's Incentive Stock Option Plan that are presently
     exercisable.

(6)  Director of the Corporation.

(7)  Director of the Corporation.

(8)  Includes 4,000 shares held by or for the benefit of
     Dr. Wagner's wife.

(9)  Includes options to purchase 9,125 shares held under the
     Company's Incentive Stock Option plan that are presently
     exercisable.

Item 12.  Certain Relationships and Related Transactions

     Set forth below is information concerning loans made to the
Company by certain affiliates.
<TABLE>
<CAPTION>
                                                     Outstanding
                                                      Principal
                                         Original     Balance of      Annual
                                        Principal     Loan as of    Percentage
      Name of                 Date of     Amount       March 27,     Interest    Maturity
     Lender(s)                 Loan       of Loan        1997          Rate        Date  
<S>                          <C>        <C>           <C>           <C>
Pete L. Stephens(1)          12/11/96   $100,000.00   $100,000.00       10%       1/1/98
Pete L. Stephens(1)            1/2/97   $ 60,000.00   $ 60,000.00       10%       1/1/98
Pete L. Stephens(1)            1/8/97   $100,000.00   $100,000.00       10%       1/1/98
Pete L. and Anita Stephens(2)  1/8/97   $ 40,000.00   $ 40,000.00       10%       1/1/98
John Mitchell(3)               1/8/97   $400,000.00   $400,000.00       10%       1/1/98
Christine Walters(4)           1/8/97   $ 35,000.00   $ 35,000.00       10%       1/1/98
Christine Walters(4)           1/8/97   $165,000.00   $165,000.00       10%       1/1/98
William F. Mitchell(5)         2/7/97   $300,000.00   $300,000.00       10%       1/1/98
</TABLE>
(1)  Director of the Corporation.

(2)  Mr. Stephens is a director of the Corporation.  Ms. Stephens
     is the spouse of Director Stephens.

(3)  Mr. John Mitchell is the brother of William F. Mitchell,
     Chairman of the Board, President and Director of the
     Corporation.

(4)  Christine Walters is the daughter of William F. Mitchell,
     Chairman of the Board, President and Director of the
     Corporation.

(5)  Mr. Mitchell is Chairman of the Board, President and
     Director of the Corporation.

Item 13.  Exhibits and Reports on Form 8-K

(a)       Exhibits:

Number    Item

  3.1     Registrant's Articles of
          Incorporation, as amended.

  3.2     Registrant's By-Laws, as amended,
          were filed as Exhibit 3(ii) to
          Registrant's Form 10-K for the year
          ended February 25, 1994 and is
          incorporated herein by reference.

  4.1     12% Subordinated Debenture due
          March 27, 2004.

 10.1     Chief Executive Compensation Plan,
          Executive Management/Key Employee
          Compensation Plan, General
          Compensation Policy was filed as
          Exhibit 10(i) to the Registrant's
          Form 10-K for the year ended
          February 25, 1994 and is
          incorporated herein by reference.*

 10.2     Registrant's 1988 Incentive Stock
          Option Plan was filed as
          Exhibit 10(v) to Registrant's
          Form 10-K for the year ended
          February 23, 1990 and is
          incorporated herein by reference.*

 10.3     Registrant's Employee Stock
          Purchase Plan was filed on July 6,
          1988 as Exhibit A to the Prospectus
          included in Registrant's
          Registration Statement (File
          No. 33-42219) on Form S-8 and is
          incorporated herein by reference.*

 10.4     Registrant's Stock Award Plan
          adopted April 7, 1993, filed as
          Exhibit 10(ix) to the Registrant's
          Form 10-K for the fiscal year ended
          February 25, 1994 and is
          incorporated herein by reference.*

 10.5     Form of 1996 Warrant Agreement between
          the Registrant and Chase Manhattan
          Capital Corporation, filed as
          Exhibit 10(xiv) to the Registrant's
          Form 10-KSB for the fiscal year ended
          February 23, 1996 and is incorporated
          herein by reference.

 10.6     Revolving Credit Agreement, dated as
          of March 27, 1997, between the
          Registrant and First Union National
          Bank.

 10.7     Debenture Purchase Agreement, dated
          March 27, 1997, between the Registrant
          and Sirrom Capital Corporation.

 10.8     Preferred Stock Purchase Agreement,
          dated March 27, 1997, between the
          Registrant and Sirrom Capital
          Corporation.

 10.9     Stock Purchase Warrant, dated March 27,
          1997, issued by the Registrant to
          Sirrom Capital Corporation.

 13       Portions of Registrant's 1997 Annual
          Report to Shareholders which are
          incorporated by reference into this
          Form 10-KSB.

 21       List of subsidiaries.

 23       Consent of Grant Thornton L.L.P.

 27       Financial Data Schedule

---------------
*    Represents a management contract or 
     a compensatory plan or arrangement.

(b)  Reports on Form 8-K:

     None.
<PAGE>
                           SIGNATURES

In accordance with Section 13 or 15 (d) of the Securities
Exchange Act of 1934, the registrant caused this report to be
signed on its behalf by the undersigned, thereunto duly
authorized.

                              ENVIRONMENTAL TECTONICS CORPORATION

                              By/s/ William F. Mitchell           
                                 William F. Mitchell, President
                                   and Chief Executive Officer

In accordance with the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf
of the registrant and in the capacities and on the dates
indicated.

          Name                   Position               Date
          ----                   --------               ----
/s/ William F. Mitchell     Chairman of the Board,  June 12, 1997
William F. Mitchell         President and Director


/s/ Duane D. Deaner         Chief Financial         June 12, 1997
Duane D. Deaner             Officer (Principal
                            Accounting Officer)

/s/ Richard E. McAdams      Director                June 12, 1997
Richard E. McAdams

/s/ Michael A. Mulshine     Director                June 12, 1997
Michael A. Mulshine

/s/ Pete L. Stephens        Director                June 12, 1997
Pete L. Stephens, M.D.

/s/ Philip L. Wagner        Director                June 12, 1997
Philip L. Wagner, Ph.D.
<PAGE>
                          EXHIBIT INDEX

Exhibit No.   Item

    3.1       Registrant's Articles of
              Incorporation, as amended.

    3.2       Registrant's By-Laws, as amended,
              were filed as Exhibit 3(ii) to
              Registrant's Form 10-K for the year
              ended February 25, 1994 and is
              incorporated herein by reference.

    4.1       12% Subordinated Debenture due
              March 27, 2004.

   10.1       Chief Executive Compensation Plan,
              Executive Management/Key Employee
              Compensation Plan, General
              Compensation Policy was filed as
              Exhibit 10(i) to the Registrant's
              Form 10-K for the year ended
              February 25, 1994 and is
              incorporated herein by reference.*

   10.2       Registrant's 1988 Incentive Stock
              Option Plan was filed as
              Exhibit 10(v) to Registrant's
              Form 10-K for the year ended
              February 23, 1990 and is
              incorporated herein by reference.*

   10.3       Registrant's Employee Stock
              Purchase Plan was filed on July 6,
              1988 as Exhibit A to the Prospectus
              included in Registrant's
              Registration Statement (File
              No. 33-42219) on Form S-8 and is
              incorporated herein by reference.*

   10.4       Registrant's Stock Award Plan
              adopted April 7, 1993, filed as
              Exhibit 10(ix) to the Registrant's
              Form 10-K for the fiscal year ended
              February 25, 1994 and is
              incorporated herein by reference.*

   10.5       Form of 1996 Warrant Agreement between
              the Registrant and Chase Manhattan
              Capital Corporation, filed as
              Exhibit 10(xiv) to the Registrant's
              Form 10-KSB for the fiscal year ended
              February 23, 1996 and is incorporated
              herein by reference.

   10.6       Revolving Credit Agreement, dated as
              of March 27, 1997, between the
              Registrant and First Union National
              Bank.

   10.7       Debenture Purchase Agreement, dated
              March 27, 1997, between the Registrant
              and Sirrom Capital Corporation.

   10.8       Preferred Stock Purchase Agreement,
              dated March 27, 1997, between the
              Registrant and Sirrom Capital
              Corporation.

   10.9       Stock Purchase Warrant, dated March 27,
              1997, issued by the Registrant to
              Sirrom Capital Corporation.

   13         Portions of Registrant's 1997 Annual
              Report to Shareholders which are
              incorporated by reference into this
              Form 10-KSB.

   21         List of subsidiaries.

   23         Consent of Grant Thornton L.L.P.

   27         Financial Data Schedule
---------------
*    Represents a management contract or
     a compensatory plan or arrangement.